...in the event that they must sell their home at a loss, but
are ineligible for funding from the Department of Defense’s Homeowners’
Assistance Program (HAP), the agreement requires all five servicers to to
provide certain servicemembers, who are forced to move because of (PCS)
orders, with short sale agreements and mandatory deficiency waivers...

HAP ALERT! HAP ALERT: Congress
once again, attacks the men and women of the Armed Forces - Ok… so it
appears that on 15 December 2012, the Senate has stripped Section 2864, the
HAP (Housing Assistance Program) provision, from H.R. 1540. Section 2864 of
H.R. 1540 National Defense Authorization Act for Fiscal Year 2012 would have
advanced the HAP mission to do the following...
CLICK HERE to
read MORE

SWEEPING is a
term used to define the process whereby a borrower lender can take money out
of the borrower's bank account to repay their bank for unpaid debt. Now,
before you get too worked up, this can ONLY take place if the bank that
services your mortgage is the same bank where your checking, savings or
money market accounts are maintained. So, if you bank with the same bank
that services your mortgage, you
NEED TO READ THIS.

Should you feel bad or shamed if you find yourself facing financial
decisions that have been framed around the crumbled economy? Should
you not do all you can to protect your family from eventual financial ruin,
less you make a decision - one way or the other? You are one of the millions
of home owners throughout the United States who have had the equity in their
home evaporate like an ice cube held in Satan's hands. Click the
following link to see that you are in excellent company and even more
enlightening is the reality that there is "light at the end of the tunnel".
FAMOUS PEOPLE WHO LOST IT ALL AND WENT ON TO BUILD EVEN GREATER WEALTH.

President Obama and his
administration have reached out to the banking community in an effort to
gain their support of his efforts to provide mortgage assistance to
qualified and responsible home owners. If you are currently delinquent or
fear you will become delinquent in your mortgage and your home loan is equal
to or less than $729,750.00 and your monthly payment, including principal,
interest, tax, insurance and HOA dues, is greater than 31% of your gross
monthly income (that means before taxes) you may qualify for one of many
loan modification or loan refinance programs. The White House has built a
web site,
MakingHomeAffordable.gov, that will point you in the right direction.

However... if you find yourself outside of the parameters described in the
Making Home Affordable web site, then we're here to help.

OUR COMMENTARY:
We are aware of dozens of mortgage modification efforts that have met with
disastrous results, or no results at all. Not one bank, that we are
aware of, has offered any real, meaningful assistance to home owners who are
in difficult financial positions.Scenario One:
In one instance we encountered a gentleman who had been earning a six figure
income in the automotive industry as a sales person for a national auto parts
distribution company. His job was lost to the fall of the auto
industry. His mortgage payments were now more than he could afford,
even though he had secured a job as a clerk for a local retail store.
His wife is a stay at home mom, taking care of their four children.
His home was underwater by 60% of its value when he purchased the home in
May 2006. The Obama Making Home Affordable program did nothing to
offset the negative equity. Even if he had agreed to the meager terms
of the loan modification offered through the bank who holds his note, he
would not regain enough equity to sell his home at even a break even price
for 24 years. His frustration levels grew so furious that he simply
sent his keys back to the bank. He knows that such a strategy will
prohibit him from entering the home ownership finance arena for 4 to 7
years, but in his case, his anger was so profound that he simply wanted to
inflict as much pain as possible on the uncooperative banks, Fannie Mae and
Freddie Mac. SIDE BAR FOOT NOTE: We never suggest this
course of action. The anger you feel toward the bank should be
channeled to uplift you and your family, not drag you and your family down
to the low levels of despicable disregard for human tragedy, often displayed
by ALL banks.

Scenario Two:
In yet another instance of mortgage modification effort, this time with a
different bank, our client was a retired steel worker. His wife works
for the bank that holds the mortgage on their home. After months of
failed efforts to make "first contact" with the mortgage workout department
at the bank, we and our client began a dialogue with a very kind and
knowledgeable mortgage work out analysis. Our client had an Interest
Only loan that is going to trip to a higher rate in just a few years.
After weeks of investigation our contact in the the banks mortgage work out
department came to us with three scenarios, none of which would help our
client. First up was a program that disqualified our client because
his pension and wife's income disqualified them because their income was too
high. Second up was a program that disqualified our client because
their income was too low. The final presentation was for the bank to
reevaluate our client's eligibility if they would pay off two current debt
obligations that amounted to more than half their annual income. In
every instance we were told that it was a Freddie Mac POLICY to render these
decisions and that the bank's hands were tied. At the end of the day,
our client decided to sell his home through the Short Sale process.

The real tragedy in this story is
that the bank approved the short sale of the property to a new home owner
for 60% less than the original purchase price. This is the same deal
that our client tried to get the bank and Freddie Mac to cut so that he
could stay in his home with his family. Our client had and has FICOs
in the high 700s to low 800s. He never missed a payment, was never
late on a payment, is current with all of his other obligations and yet was
chased out of his home because the Obama Home Affordable Program is an UTTER
failure!

We have helped dozens of home
owners successfully traverse the
Short Sale of their home. A Short Sale may be an appropriate solution
for you. Check out
Consequences of Electing
a Foreclosure vs. Short Sale. However, you should NEVER make this
decision without the council of competent legal advise from an attorney who
is proficient in both, local state real estate and tax law. The two
requirements, in our opinion, are integrally intertwined. We do not
believe that speaking to a real estate attorney and then with a tax attorney
is an appropriate strategy. If you wish to meet with one of the top
real estate and tax attorney firms in Arizona, make an appointment with
Kingman/Winslow. Contact Sue Bacskay, Administrative Assistant, T:
602-954-2410, 2355 E. Camelback Rd. Ste 440, Phoenix, AZ 85016 -
http://www.KingmanWinslow.com.
Tell them that Lori & G-II referred you to them.

The mission of
AirForceHomeSeller.info
and Coldwell Banker Residential Brokerage is to help homeowners save
their homes from foreclosure, when possible. Sellers and Buyers searching
the Internet with key words such as Coldwell Banker Phoenix, or Mortgage
Work-Out Programs will eventually end up at this web site. Please take as
much time as you need to search for the Home Retention Program that has the
most chance of success for you and your family. When possible, we are here
to help you save your home and/or help preserve your dignity and credit
where and when possible. If you find yourself in greater distress than
any of the programs listed in this web site, simply click the eMail link
below or reach us through one of our many Live Chat Tools at the bottom of
this page. We can also be reached through
SKYPE with ID G2Realtor or Lori.Klindera. Good luck. We're here to help.